Google spends $1bn on London office

Google has spent $1 billion on a new London office.

The office is located near Covent Garden and is part of Central Saint Giles, a mixed-use development where Google is already a tenant.

The tech giant said the move means it will have the capacity to employ 10,000 people in the UK and called the move a “show of confidence” in the country.

Google currently has 6,400 employees in the UK, with offices in London and Manchester.

The building is set to undergo redevelopment, which will include additional meeting rooms and covered outdoor working areas.

The tech giant also said it is working on a development near King’s Cross.

“We have been privileged to operate in the UK for nearly 20 years, and our purchase of the Central St Giles development reflects our continued commitment to the country’s growth and success,” said senior vice president at Google Ruth Porat. “Our focus remains on creating flexible workspaces that foster innovation, creativity and inclusivity.”

Chancellor of the exchequer Rishi Sunak said: “This investment in jobs from Google is a big vote of confidence in the UK as a world-leading tech hub.

“It is also proof that this country continues to be one of the most attractive places in the world for leading firms to grow their business.

He added: “The tech sector will play a pivotal role in our future economy and help drive forward our recovery from the pandemic, and we are committed to creating the right environment to ensure it continues to thrive.”

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